Posted by: transparencynz | August 7, 2014

TINZ Integirty systems in question

LochinvarTransparency international New Zealand was funded by the  government  to  do an integrity report on our public service.

We  found that the finding  that we  had  ” the least corrupt public sector ” came about   due to a number of factors.

  1. Corruption was not defined or looked at – due to the assumption that  as”the least corrupt country ” we must be doing things right .
  2. Transparency Internationals New Zealand  itself having  given NZ the status of being  perceived to be the least corrupt so as to encourage business growth in NZ
  3. Transparency International New Zealand funded by government departments

see  correspondence with the minister Judith Collins  Please provide the evidence to support that New Zealand is the least corrupt country in the world.

and the response from  the companies office

the  following is  a news  release

We repeatedly hear that Shanghai Pengxin has purchased land in New Zealand previously the Crafar farms and now poised to buy the Lochinver Station.

It is time that we got our facts right as to who actually owns the property and just a tiny bit of research brings massive concerns.

There is no company in New Zealand called Shanghai Pengxin and no land in New Zealand owned by a company of that name

There is however an entity called PENGXIN NEW ZEALAND FARM GROUP LIMITED which owns some 76 titles according to Terranet .

PENGXIN NEW ZEALAND FARM GROUP LIMITED has one director, Chinese billionaire Zhaobai JIANG, the company’s sole shareholder is MILK NEW ZEALAND HOLDING LIMITED which in turn is also directed by Mr Jiang.

But look at the shareholding of MILK NEW ZEALAND HOLDING LIMITED and it is allegedly owned by Milk New Zealand Investment Limited Suite 1, 139 Vincent Street, Auckland Central.

Strangely enough Milk New Zealand investment does not exist on the New Zealand company register.

The question is how can a non-existent company make an application to be a shareholder?

According to the lawyers for the company’s registrar takes applications on face value, this is the reality of the integrity systems which Transparency New Zealand reported on recently .

It was these very same integrity systems which Judith Collins attributed to New Zealand being perceived as the least corrupt.

If we don’t look we don’t see
If we don’t define it we cannot have it

Will there be an enquiry into the company structure of PENGXIN NEW ZEALAND FARM GROUP LIMITED ?

Grace Haden Independent candidate for Epsom.

see anticorruption.co.nz


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